On 10/28/13, BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (TSX: ZWA.TO) will trade ex-dividend, for its monthly dividend of $0.073, payable on 11/6/13. As a percentage of ZWA's recent stock price of $18.18, this dividend works out to approximately 0.40%.

Below is a dividend history chart for ZWA, showing historical dividends prior to the most recent $0.073 declared by BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ZWA is likely to continue, and whether the current estimated yield of 4.82% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF shares are currently trading flat on the day.

In trading on Tuesday, shares of Top 20 Dividend (TSX: TTY-UN. O) were yielding above the 7% mark based on its monthly dividend (annualized to $0.6996), with the stock changing hands as low as $9.99 on the day.

In trading on Tuesday, shares of US Housing Recovery Fund Class A (TSX: USH-UN. O) were yielding above the 6% mark based on its monthly dividend (annualized to $0.60), with the stock changing hands as low as $9.95 on the day.